1) Go to Accounting >Advanced> Chart of accounts: The chart of accounts in Xero is conveniently broken down into seven tabs: one tab for All Accounts, five tabs for each account type (Assets, Liabilities, Equity, [...]

If you use Xero accounting software, Gusto will be your preferred payroll provider. We love Gusto for their simplicity, a host of great features, and an amazing support team. Gusto and Xero are deeply integrated, [...]

Tracking business expenses is not always the first thing on your mind while running day-to-day operations. However, a simple review of your Profit & Loss statement can uncover a few ways you may be wasting [...]

If you still use Excel (or no system at all) to keep track of your business income and expenses, you may be wondering if you are ready for bookkeeping software. For calendar year businesses, January [...]

2018 Tax Brackets In 2018, there are still seven tax brackets for individual taxpayers. However, the overall tax rates have decreased. While the bottom rate remained at 10%, the top rate dropped from 39.6% to [...]

If you are an online retailer selling products across multiple states, you may have heard of the concept of Nexus. There is a lot of confusion about Sales Tax Nexus, especially in relation to FBA [...]